v3.25.2
GOODWILL AND INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Goodwill
The following table summarizes changes in goodwill during the six months ended June 30, 2025 (in thousands):
Balance at December 31, 2024$1,161,085 
Additions168,079 
Measurement adjustments(1,144)
Adjustments due to currency translation and other9,883 
Balance at June 30, 2025$1,337,903 
Schedule of Components of Indefinite-lived and Amortizable Intangible Assets
The following table sets forth the components of indefinite-lived and amortizable intangible assets as of June 30, 2025 and December 31, 2024 (in thousands):
June 30, 2025December 31, 2024
GrossAccumulated
Amortization
Carrying
Value
GrossAccumulated
Amortization
Carrying
Value
Useful Life
in Years
Amortizable intangible assets:
Customer contracts$722,944 $(298,825)$424,119 $671,242 $(288,150)$383,092 
3-20
Trademarks and tradenames25,220 (14,279)10,941 24,559 (12,480)12,079 
7-20
Other intangible assets28,041 (19,162)8,879 26,507 (17,905)8,602 
3-20
Total amortizable intangible assets$776,205 $(332,266)$443,939 $722,308 $(318,535)$403,773 
Indefinite-lived intangible assets157,031 137,816 
Total intangible assets, excluding goodwill$600,970 $541,589 
Schedule of Estimated Amortization Expense
Estimated amortization expense for the existing carrying amount of amortizable intangible assets for each of the five succeeding fiscal years as of June 30, 2025 are as follows:
(in thousands)
2025 (excluding the six months ended June 30, 2025)$45,593 
202689,189 
202785,073 
202873,915 
202959,965